India 'confident' new EV policy measures will allow more foreign players to enter market
Publishing timestamp: 2024-04-25 20:53:37
Summary
India's new electric vehicle policy aims to attract global players with incentives and localization targets. Major companies like Tesla and VinFast have shown interest. India is expected to see significant growth in EV sales, with the government targeting 30% EV usage by 2030. Challenges such as charging infrastructure and range anxiety need to be addressed for increased adoption of EVs.
Sentiment: POSITIVE
Tickers: TSLA,
Keywords: vinfast auto ltd, breaking news: business, tesla inc, business news, transportation, autos, india, asia economy,
Source: https://www.cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html